Legal Notice
LEGAL NOTICE OF
ESTOPPEL
NOTICE IS HEREBY GIVEN that the resolutions, summaries of which are published herewith, have been adopted by the Board of Trustees of the Village of Great Neck, Nassau County, New York, on the 17th day of July, 2018, and the validity of the obligations authorized by such resolutions may be hereafter contested only if such obligations were authorized for an object or purpose for which said Village is not authorized to expend money, or if the provisions of law which should have been complied with as of the date of publication of this notice were not substantially complied with, and an action, suit or proceeding contesting such validity is commenced within twenty days after the date of publication of this notice, or such obligations were authorized in violation of the provisions of the Constitution. Such resolutions were subject to a permissive referendum. The period of time has elapsed for the submission and filing of a petition for a permissive referendum, and a valid petition has not been submitted and filed.
A complete copy of the resolutions summarized herewith are available for public inspection during regular business hours at the Office of the Village Clerk of the Village for a period of twenty days from the date of publication of this Notice.
Dated: Great Neck, New York,
August 28, 2018.
Joe Gill, Clerk-Treasurer
1) BOND RESOLUTION DATED JULY 17, 2018.
A RESOLUTION AUTHORIZING THE RECONSTRUCTION AND RESURFACING OF ROADS IN AND FOR THE VILLAGE OF GREAT NECK, NASSAU COUNTY, NEW YORK, AT A MAXIMUM ESTIMATED COST OF $2,000,000 AND AUTHORIZING, SUBJECT TO PERMISSIVE REFERENDUM, THE ISSUANCE OF $2,000,000 SERIAL BONDS OF SAID VILLAGE TO PAY THE COST THEREOF.
The period of probable usefulness of such class of objects or purposes is 15 years pursuant to subdivision 20(c) of paragraph a of Section 11.00 of the Local Finance Law.
2) BOND RESOLUTION DATED JULY 17, 2018.
A RESOLUTION AUTHORIZING THE PURCHASE OF EQUIPMENT FOR THE PUBLIC WORKS DEPARTMENT IN AND FOR THE VILLAGE OF GREAT NECK, NASSAU COUNTY, NEW YORK, AT A MAXIMUM ESTIMATED COST OF $955,000 AND AUTHORIZING, SUBJECT TO PERMISSIVE REFERENDUM, THE ISSUANCE OF $955,000 SERIAL BONDS OF SAID VILLAGE TO PAY THE COST THEREOF.
The period of probable usefulness of such class of objects or purposes is 15 years for $880,000 thereof and 10 years for $75,000 thereof, pursuant to subdivision 28 of paragraph a of Section 11.00 of the Local Finance Law.
Each of such resolutions pledges the full faith and credit of the Village to the payment of the obligations authorized to be issued and delegates to the Village Treasurer, the Chief Fiscal Officer, the power to authorize the issuance of and to sell such obligations. Additionally each of such resolutions contains the estoppel clause provided for by Section 80.00 of the Local Finance Law and authorizes such resolution, after taking effect to be published in summary form in the official newspaper, together with a notice of the Village Clerk, in substantially the form provided in Section 81.00 of the Local Finance Law.
GNN #149117
1x 8/31/2018 #149117
